The vast majority of BP's 13,000 U.S. convenience stores are independently owned. There are 75 BP convenience stores within 50 miles of downtown Indianapolis, according to a store finder on the company's Web site.
The sell-off is part of a previously announced reorganization to streamline operations.
The sites, which will be sold to franchisees, dealers and large distributors, will continue to sell BP gas in the eastern United States and Arco fuel in the western U.S. The stores will be rebranded as ampm. The company said most new owners likely would retain the same employees.